http://www.blog.cmi-gold-silver.com Gold blog; blog silver. Gold silver dealer of 35 years blogs about investing in gold & silver and other precious metals. Gold blogs important to understanding gold investing. Wed, 04 Nov 2009 18:05:26 +0000 http://backend.userland.com/rss092 en In a move that the gold market did not anticipate, the IMF sold 200 tons of gold directly to India’s central. It was widely known--commented on on this blog February 12, 2008--that the IMF would be a gold seller. Several years ago, the IMF let known its intentions to sell 400 ... http://www.blog.cmi-gold-silver.com/imf-sells-200-tons-of-gold-to-india/ Friday, CMIGS began shipping the year’s first 2009-dated US Mint Buffalo Gold Coins. Before the release, there was speculation that the mintage would be low because the Mint did not produce them until late in the year. However, as of this writing, the Mint’s web site shows that 86,000 Buffalo Gold ... http://www.blog.cmi-gold-silver.com/2009-dated-us-mint-buffalo-gold-coins-being-shipped/ The U.S. Mint just announced that it will begin taking orders for its 1-oz American Buffalo gold coins October 15. CMI Gold & Silver Inc. will take orders for Gold Buffaloes now but does not anticipate having the coins for shipment until the last week of October. Right now, Gold Buffaloes ... http://www.blog.cmi-gold-silver.com/us-mint-to-release-gold-buffaloes/ For the first time in twenty-five years, fractional-ounce Krugerrands are being imported into the U.S. in large quantities. And, the news gets better: the coins are priced at the standard premium for fractional-ounce government gold coins. As buyers of fractional-ounce gold coins know, these coins, when they were available, carried ... http://www.blog.cmi-gold-silver.com/fractional-krugerrands-available/ My Sept. 7 post noted that gold had broken out from a consolidation triangle, a move that often forecasts still higher prices. And, higher prices we got, with gold hitting an intraday high just short of $1,012.00 in the New York market on Friday, Sept. 11. Silver followed suit, closing ... http://www.blog.cmi-gold-silver.com/lcs-increase-gold-short-positions/ Readers of this blog mostly are long-term gold/silver investors who are not concerned with intermediate moves in gold/silver prices except to use dips in prices as opportunities to add to their positions. Still, daily $1 jumps in silver and $20 jumps in gold are of interest to all precious metals ... http://www.blog.cmi-gold-silver.com/gold-breaks-out/ In announcing that Ben Bernanke would be reappointed to a second four-year term as Federal Reserve chairman, the White House admitted that the US debt situation continues to worsen. The Congressional Budget Office (CBO) says the US debt outlook is worse than what the White House says. The White House projected ... http://www.blog.cmi-gold-silver.com/us-debt-outlook-worsening/ An innovative and economical mass production technology for building mobile phones, iPhones, picture-phones, and a host of other hand-held electronics allows components to be fastened both mechanically and electronically to printed circuit boards. The technology permits upwards of 200 contacts for components and connections on a small board, increasing the ... http://www.blog.cmi-gold-silver.com/silver-use-in-electronic-devices-to-increase/ Treasury Secretary Timothy Geithner can't sell his house. Maybe it because he is asking more than the $1.6 million that he paid in 2004 at the top of the housing boom. Housing prices are down, on average, 30% from the 2004 top. Any doubt but that some wealthy person seeking ... http://www.blog.cmi-gold-silver.com/treasury-secretary-geithner-cannot-sell-his-house/ Gene Arensberg, precious metals analyst and author of the popular Got Gold Report, reiterates in his recent report his bullishness for silver. Although Arensberg is bullish on gold over the longer term, he sees the potential for more immediate upside action in silver. Arensberg notes that iShares Silver Trust (SLV), the ... http://www.blog.cmi-gold-silver.com/arensberg-bullish-on-silver/